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13388 1ST STREET E

Multi-family Recently Sold
$410,000

BTC: 4.72078296

ETH: 205.00000000

Sold on: 2025-06-12
24 days
2 bds
1,572 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime Investment Opportunity in Madeira Beach! Savvy investors, take note! This triplex, three Income-Producing Units, totaling 1,572 SqFt of Heated Living Space, featuring two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, offers strong rental potential. While the property sustained damage from Hurricane Helene, it has been verified as not substantially damaged. With alley access, six (6) off-street parking spaces, and individually metered utilities, this property is well-positioned for a seamless rehab and rental setup. Located in very close proximity to the beach (safe, lit crossing less than a block away) and just minutes walk/bike from John’s Pass—Pinellas County’s #1 tourist destination—this is a prime rental investment opportunity. This incredible investment property at 13388 1st St E, Madeira Beach, FL, presents quite a unique opportunity—especially when coupled with the property next door to the south at 13378 1st St E. Imagine the potential of renovating and renting out three to five units awhile retaining and living in this highly sought-after beachside location, maximizing your rental income in one of the most desirable vacation destinations on the Gulf Coast! This is a Must-See Investment: Steps from the Beach – Prime location just minutes from the sand & surf. Rental Income Potential – Ideal for monthly or long-term rentals. Renovation Ready – Customize both properties to maximize value. High Demand Area – Madeira Beach is a hotspot for vacationers & renters. Walkable Location – John’s Pass Village & Boardwalk in Madeira Beach is a premier waterfront destination offering boating adventures, dolphin tours, deep-sea fishing, and watersports. Enjoy fresh seafood, waterfront dining, unique boutiques, and live entertainment, making it a lively hub for both locals and tourists. Owning a home/rental property near John’s Pass means embracing a true Florida lifestyle with endless recreation, stunning Gulf views steps away, and incredible investment potential! With the right vision, this investment could generate exceptional returns—whether you're looking to flip, hold, or create an unbeatable beach rental portfolio. Opportunities like this don’t last long—secure your piece of paradise today! Contact us for details on purchasing one or both properties and unlocking their full income potential!

Location

Facts and features

Type:
Residential Income
Parking:
Common / Guest / Off Street
Year Built:
1959
Lot:
0.09 Acres
Heating:
None / Wall Units / Window Unit
Price/sqft:
$277
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Tile

    • Terrazzo

    Heating

    • None

    • Wall Units / Window Unit

    Cooling

    • Wall/Window Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Parking

    • Common

    • Guest

    • Off Street

    Property

    • Levels: One

    • Exterior Features: Other / Outdoor Shower

    Lot

    • Lot: 0.09 Acres

    Other Property Information

    • Parcel Number: 153115583200110120

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Public

    • Sewer Available

    • Street Lights

    • Water - Multiple Meters

  • Other financial information

    • Annual tax amount: $5,932

  • Source details

    • MLS ID: TB8355846

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Concrete Perimeter / Slab

    • Laundry Features: Electric Dryer Hookup / Laundry Room / Washer Hookup

    • Lot Features: Landscaped

    • Patio And Porch Features: Front Porch / Screened

    • Living Area: 1572

    • Water Source: Public

    • Lot Size Dimensions: 41 x 104

    • Subdivision Name: MITCHELLS BEACH REV

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BARKETT REALTY